This program is 27 minutes long
#727230
(Studio: Peter Jennings) Report introduced.
(Studio: Betsy Stark) The settlement for 10 Wall Street firms that is supposed to change the way business is done & compensate investors examined; names of 10 firms & fines for Citigroup & MorganStanley outlined on screen. [SEC chairman William DONALDSON- says the settlement has delivered a message.] [Investor attorney Jerry REISMAN- says the money {to compensate investors} won't go far.] [New York state attorney general Eliot SPITZER- comments on the problem.]
#727231
(Studio: Peter Jennings) Report introduced.
(New York: Bob Jamieson) Wall Street fraud cases the public may have missed due to the war with Iraq examined; details given about the accounting fraud charges against HealthSouth, the nation's biggest chain of rehabilitation hospitals, woes at AOL Time Warner & for First Boston banker Frank Quattrone & trade fraud. [SEC enforcement division director Stephen CUTLER- says it is an ongoing investigation.] ["The Corporate Library" editor Nell MINOW- hopes we can now better identify the crooks.]
#727232
(Studio: Peter Jennings) Statements from the travelling Secretary of Defense Donald Rumsfeld that the US plans to reduce its military presence in the Persian Gulf & from President Bush about Iraq reported; scenes shown.
(Baghdad: Dan Harris) Steps to set up a new government in Iraq examined; details given of the meeting in Baghdad organized by the US that was not attended by many influential Iraqi leaders, including self-appointed mayor of Baghdad Mohamed Zubaidi, who was arrested by the Army; scenes shown of a rally in Tikrit on Saddam Hussein's birthday. [US civil administrator for Iraq retired Gen. Jay GARNER - says this is the beginning of a journey.] Statement from Iraqi deputy prime minister Tariq Aziz that he saw Saddam alive in early April noted.
(Studio: Peter Jennings) The discovery of the remains of Sgt. Edward Anguiano, the last missing US soldier in Iraq, reported.
#727233
(Studio: Peter Jennings) Statement from China that North Korea has offered to scrap its nuclear program in return for concessions from the US & the arrival of a new two-man crew at the International Space Station reported.
#727234
(Studio: Peter Jennings) Announcement by GlaxoSMithKline of another cut in the price of AIDS drugs in Africa reported.
(Washington: Jackie Judd) The dramatic development for the treatment of AIDS in Africa examined; details given of prices for combovir. [Doctors Without Borders Nathan FORD- says lower prices increase access to AIDS drugs.] [Glaxo's Bob INGRAM- says we pass on cost savings.] [AIDS Empowerment & Treatment International Bill ARNOLD- talks about AIDS funding.]
#727237
(Studio: Peter Jennings) Report introduced.
(New York: Ned Potter) The huge fire at a nature preserve in Cleveland, Ohio, featured; scenes shown of black smoke & fire from the burning reeds. [Homeowner Bill CROOP, Mentor fire department Chief Richard HARVEY- react to the fire.]
#727238
(Studio: Peter Jennings) The arrest in Texas of a man after he rescued people from a burning fire; oil spill from a barge off the coast of Cape Cod & an announcement by AOL Time Warner, Microsoft & Yahoo of a joint effort to stop computer e-mail spam reported; scenes shown from the oil spill in Buzzards Bay.
#727241
(Studio: Peter Jennings) WHO's announcement that the worst of the outbreak of severe acute respiratory syndrome {SARS} in Hong Kong, Singapore & Canada appears to be over reported; details given about successful policies in Vietnam.
(No location given: John McKenzie) The story of Toronto, Canada, medical researcher Dr. Allison McGeer, who is recovering from SARS, presented. [McGEER - recalls the cycle of her symptoms; says the biggest concern is whether she posed a risk to other people; describes the turnaround in her health.] [Mt. Sinai Hospital-Toronto Dr. Donald LOW- talks about McGeer's progressive pneumonia.]
#727242
(Studio: Peter Jennings) The theft of three works of art from a public gallery in Manchester, England, to point out security problems reported; paintings shown.
#727245
(Studio: Peter Jennings) Study findings from the Texas Transportation Inst. about the time the average driver spends stuck in traffic cited.
(New York: Robert Krulwich) The unanswered question of whether New York City would try a fee system to solve the traffic problem as was done in London, England, examined; scenes shown of traffic in downtown New York City 100 hundred years ago. [Five New York PEOPLE; three LONDONERS, London MAYOR - comment on traffic.]
#727246